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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The addition of four countries—Chad, Kazakhstan, Oman, and the United Arab Emirates (UAE)—to a previous assessment covering 42 countries has resulted in a 13% increase in the global assessed total resource estimate for shale oil and a 4% increase for shale gas. The United Arab Emirates increased oil production by 21% to 3.7

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SpaceX and Dish’s Super-Shady War for the World

Cars That Think

But the rulings—and market activities that result—stand to have real social impact wherever signals from satellite broadcasts or satellite Internet connections may one day fall. it is purely market driven,” says Shahed Mazumder, global director of telecom solutions at Aerospike , a database firm. In the U.S.,

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Using Industrial Automation to Monitor Vertical Farms

Cars That Think

To find out about the latest technologies being used by the agricultural industry, I virtually attended the second annual AgTech Innovation Summit , held in February in Abu Dhabi, United Arab Emirates. AeroFarms uses sensing technologies and data science as well as machine vision and AI to test new products to bring to market.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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More than 85% of the crude oil exports flowing through the Strait went to Asian markets, with Japan, India, South Korea, and China representing the largest destinations, EIA said. The Strait is located between Oman and Iran, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. —US EIA.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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The offshore facilities will consist of a subsea well development connected to a central processing facility (CPF) for gas treatment and a floating processing, storage and offloading (FPSO) vessel for condensates. The Group has also secured long-term access to LNG re-gasification capacity located in key LNG markets.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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While the scenarios arrive at a range of estimates, the overall conclusions are that renewables will take an increasing slice of the energy market. This could contribute towards a goal of holding the increase in global temperature below 2 °C—an aim recognized in the United Nations Climate Convention’s Cancun Agreements.

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Global Automotive Survey Finds Nearly Six in Ten People Prefer Green Cars, Even If Money No Object

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Market research firm Synovate released new study findings showing that nearly six in ten people would choose to buy a green car over a dream car, even if money was no object. The top answer across all 18 markets, if money was no object, was to buy a green car, with 37% of respondents saying this would be their preference. The answer?